The crude oil market didn’t recover form the sharp falls to its crude oil prices during the previous week as they continued to moderately decline during the week. Crude oil, much like the other energy commodities, closed the month…
According to the recent U.S. pending homes sales report there was another decrease in pending home sales during August 2011, but the August pending home sales index was still above the August 2010 index. The US pending home sales index…
Following the sharp fall in the US consumer confidence index during August, this index remained low in September and nearly didn’t change. According to the recent U.S. consumer confidence survey, the consumer confidence index remained low in September and nearly…
The crude oil market had very turbulent times with sharp falls during most of last week especially on September 22nd when WTI spot oil price shed 6.4% of its value. This was the sharpest drop in a single day for…
Major commodities suffered one of the sharpest declines of 2011: Gold and silver prices sharply decreased as many attribute the catalyst for this reaction was the recent decision of the FOMC to purchase $400 billion long term securities by the…
Gold and silver prices made a correction to the sharp falls they have endured in the past several days as they finished the week with sharp gains; crude oil prices ended the week falling; natural gas spot price (Henry Hub)…
Crude oil prices changed directions throughout the week, but by the end of the week, much like gold and silver prices, they haven’t change much compared with crude oil prices at the end of last week. The sharp gains in…
Gold and silver prices sharply fell yesterday; the news of ECB to offer US dollar based loans to European banks may have helped push gold and silver prices down. Crude oil prices slightly inclined. Natural gas spot price (Henry Hub)…
Today, the IEA – International Energy Agency published its monthly report on the global oil market for August 2011. During August, OPEC’s oil production slightly inclined by nearly 165 k bbl/d to 30.26 million bbl/d compared with July’s average oil…
Gold and silver prices started the week with sharp falls, as the US stock markets rose. Crude oil prices, much like the US stock markets, inclined. Natural gas spot price (Henry Hub) kept on falling. Here is a summary of…